Archangel Manufacturing Has Just Finished the Year 2012 -
Based on the Data Above, What Was the Allocation

Archangel Manufacturing has just finished the year 2012. They created a predetermined manufacturing overhead allocation rate at the beginning of the year based on a percentage of direct labor costs. Below are various data:
$$\begin{array} { l l } \text { Total manufacturing overhead estimated at the beginning of the year: } & \$ 140,000 \\\text { Total direct labor costs estimated at the beginning of the year: } & \$ 350,000 \\\text { Total direct labor hours estimated at the beginning of the year: } & 12,000 \text { direct labor hours } \\\text { Actual manufacturing overhead costs for the year: } & \$ 159,000 \\\text { Actual direct labor costs for the year: } & \$ 362,000 \\\text { Actual direct labor hours for the year: } & 12,400 \text { direct labor hours }\end{array}$$
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Based on the data above, what was the allocation rate for 2012? (Please round to nearest whole percent.)

A) 40%
B) 44%
C) 250%
D) 228%